/ / Legal News
15.07.2013

New measures for facilitating the implementation of investment projects approved

According to Edict of the President of the Republic of Belarus No 301 of 8 July 2013 "On measures to stimulate the implementation of investment projects with high added value”, a number of benefits are provided for legal persons involved in the implementation of investment projects that would generate high added value. In particular they will receive financial support for payment of the interest on bank credits required for the implementation of these projects.
The Council of Ministers of the Republic of Belarus shall, within three months, submit the list of legal persons engaged in such investment projects to the President of the Republic of Belarus for approval.
The Edict enters into force on 1 January 2014.